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Message: RE: Very good advice from Ted.....

RE: Very good advice from Ted.....

posted on Feb 22, 2006 03:57AM
``Repeatedly I have seen posts by people who have sold on the way up only to have bought back in higher. With news coming frequently and unpredictably deciding when to sell is impossible for now.``

Everybody has heard about dollar cost buying... but what about dollar cost selling? That is just as good! Let`s say you have 100K shares. Of those shares you wish to keep 50K locked up. Then by selling the other 50K over a period of time when the stock is rising you are taking the risk out of the 50K you wish to keep longterm. Just a matter of perspective and the need not to get to greedy.

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